0
Hi~
It is my understanding that no Workman's Compensation "benefit" is taxable - regardless of what state.
Amounts you receive as workers' compensation for an occupational sickness or injury are fully exempt from tax if they are paid under a workers' compensation act or a statute in the nature of a workers' compensation act. The exemption also applies to your survivors.
If part of your workers' compensation reduces your Social Security or equivalent railroad retirement benefits received, that part is considered Social Security benefits and maybe taxable.
If you return to work after qualifying for workers' compensation, payments you continue to receive while assigned to light duties are taxable.
The above relates to federal income taxes. Generally, states follow the same rule, but you should check with your state's department of revenue for additional information.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
Will you receive a tax refund if you are receiving NYS Workmans comp?
Hi~ Workman's Comp benefits are non-taxable.
Do you have to report long term disability checks to workmans comp?
what earnings must i report to workmans comp
Is it true Workmans Comp has only 9 years to collect then they can stop all Workmans Comp payments and treatments?
no
If you have a workmans comp claim and settle out of court is the workmans comp company required to cover the same injury for the rest of your life if you hurt that area again will workmans comp pay?
i lost a finger in 1983 do i get money for that
Is an owner of a corporation exempt from workmans comp insurance?
No, the IRS rules of IC do not apply to workers comp. Please contact NCCI at 800-622-4123 to verify.
What is the maximum withholding for workmans comp?
4.5%
If you are drawing workmans comp and working at your job part Tim and workmans comp pays you the difference and you get sick and are out of work a few days will workmans comp still pay you the differ?
As each state's criteria for eligibility and amount of workman's comp payable differs, you need to contact your state's office for clarification.
Is workers comp from NY taxable?
No it is not taxable
Does workmans comp cover hernias?
Was it an on the job injury?
Can you smoke weed on workmans comp?
Only if it is legal in your jurisdiction.
What is the cost of workmans comp for plumber?
$15 per hr
When an employee falls in the parking lot coming into work is it workmans comp?
Yes it is a workmans comp if he was scheduled to come in or he had an appointment. Massachusetts Yes it is a workmans comp if he was scheduled to come in or he had an appointment. Massachusetts Answer #2 You better check with workman's comp. I know of a case where a fellow employee fell in the bathroom at work and was denied payments because it was not considered "work related". In this particular case, the company turned it in as workman's comp but it was refused.
